secwatch.observer — SEC 8-K summary
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Issuer:     CoinShares Bitcoin ETF (BRRR)
CIK:        0001841175
Form:       8-K
Filed at:   2024-10-01T23:59:59+00:00
Accession:  0001999371-24-012737
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoinShares Valkyrie Bitcoin Fund signs custody deal with Komainu for Bitcoin holdings
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- Komainu (Jersey) Limited will provide custody and safekeeping services for Fund's bitcoin under a 36-month agreement commencing September 27, 2024.
- Existing custodians Coinbase and BitGo remain unchanged; Fund expects to use all three custodians.
- Komainu services will not begin until SEC declares effective a post-effective amendment to the Fund's S-1 registration statement.
- Agreement includes indemnification by the Fund for losses related to use of services or breach of Agreement.
- Komainu may terminate for any reason with 3 months' notice or immediately for regulatory or force majeure events.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841175/000199937124012737/0001999371-24-012737-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841175/000199937124012737/brrr-8k_100124.htm
  HTML page:      https://secwatch.observer/filing/0001999371-24-012737

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